Oscillating up-trend market
+5 S/R touches ; +3 S/R touches
Strong R1 and R2 Pivot Points on the basis of range market conditions on H4 timeframe in October 2016.
Phase: Pullback
Decreasing momentum + Bearish candlestick
MACD Divergence
More than 1:1 win ratio (TP @ 50 EMA support)